Baby boomer homeowners fear losing their properties as they spend down their savings
Some baby boomer homeowners are struggling to hang onto their homes as housing costs soar.
Economy
Here's what to expect for raises, promotions, and job seeking in 2025
Economists talked to Business Insider about their 2025 predictions for work opportunities, promotions, and return-to-office mandates.
How parents, tipped workers, and EV drivers could see their taxes change in Trump's year of 'tax Super Bowl'
Trump's package of tax cuts and tweaks from 2017 is set to expire this year. Here's what that means for you.
Here's who would save money with Trump's plan to eliminate taxes on tips
President-elect Donald Trump's proposal to end taxes on tips could benefit Gen Zers and restaurant workers.
BI Today: Understanding retirees' regrets
In this Sunday edition of BI Today, we're talking about older Americans' retirement regrets.
A supercommuter who makes a 3-hour trip several times a week shares why the perks outweigh the challenges
A 23-year-old who commutes from NYC to Baltimore said the long trip is worth it for the career benefits.
Elon Musk's next venture set to launch this year: a private preschool
Elon Musk's private preschool in Texas is accepting applications for up to 21 students with subsidized tuition in the first year.
2 charts show how spending on most kinds of alcohol has declined in recent decades — especially among young adults
The US Surgeon General released a report directly linking alcohol to cancer. A BI analysis of alcohol spending shows how consumption has declined.
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The tax that's stopping older homeowners from selling their valuable properties
Some homeowners who've seen their home values soar are concerned a federal capital-gains tax on home sales will eat into their retirement.
Young Americans are going country, reversing a decadeslong trend of moving to cities
In the wake of the pandemic, young Americans moved to rural areas. It's a big shift.
6 charts show why Gen X is so bummed about money right now
One Gen Xer said she just wanted to be able to go out for dinner and have a couple glasses of wine once a week. High costs and debt make that difficult.
Meet America's real Golden Girls: Some unmarried older women without kids at home are doing great
"My only piece of advice is, whether it's travel or something else, don't fritter away your life," an 85-year-old who's been to every continent said.
How Donald Trump single-handedly cured America's economic blues
Turns out America's economic gloom was fueled by something far thornier than inflation: political feelings.
Putin tells Russia 'everything will be fine' amid the nation's military and economic struggles
Putin called 2025 the "year of the Defender of the Motherland" in his New Year's Eve address on Tuesday.
Gen Zers were running on empty. Then they started running.
From Ironmans to ultra marathons, working out has gotten more extreme than ever.
Most Americans see economic difficulty ahead in 2025 but not Republicans
A newly-released Gallup poll shows Republicans are jubilant about what 2025 will bring as it pertains to economic prosperity in the US.
The economic projects that could reshape Biden's legacy
The ramifications of Biden-backed economic investments may not be felt for years, which could eventually reshape the overall story of his presidency.
Rate cuts, strong employment, and lower prices: 5 bullish predictions for 2025 from Goldman Sachs
Goldman Sachs economists made a handful of predictions for 2025 that imply a solid foundation for stocks and the economy in the coming year.
Kids' low reading scores are 'a 5-alarm fire,' says DOGE's Ramaswamy. His solution: Eliminate the Education Department.
DOGE leader Vivek Ramaswamy called eighth graders' reading proficiency scores "downright brutal" while calling to get rid of the Education Department.
Millions of workers in 21 states are set to get a raise at the start of 2025
The federal minimum wage has been $7.25 since 2009. Many states and cities have set higher minimums.
Gen Zers are less satisfied with their jobs than older workers, per a Pew survey
Labor market challenges and rising prices have weighed on Americans, and it's affected how some of them feel about their jobs.
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Read BI's stories and watch our video on older Americans' biggest retirement regrets
Over the past few months BI wrote over a dozen stories and made a video about thousands of older Americans' retirement regrets.
VIDEO: What 6 older Americans want to say to their younger selves
Six older Americans, among the more than 3,800 who responded to Business Insider surveys, shared their biggest life regrets in a video.
A boomer retired early and moved to a California beach house. She regretted it, returned to work, and sold the house.
Misty Miller said retirement was socially isolating and she overspent.
Putin is heavily sanctioned, but he still managed to travel a lot this year
The Russian president hobnobbed with world leaders and received a plethora of gifts, including a pair of hunting dogs.
Elon Musk is clashing with Trump's MAGA base over skilled immigration. Here's what economics gurus are saying.
Paul Krugman, Robert Reich, and other top economic thinkers disagree on whether the US should be ramping up skilled immigration.
The new rules for job searching
35 expert tips for supercharging your job search, from networking and interviewing to how to perfect your résumé.
Older Americans are falling through the cracks of the programs designed to save them
Social Security and Medicare help support older Americans. Many told BI that the checks weren't enough and that they wished they'd saved more.
Millennials are celebrated for their minimalism. Turns out it was all a lie.
Millennials are just as into buying stuff as their boomer parents.
Biden's broad student-loan forgiveness efforts are officially over and borrowers are left wondering what's next: 'It feels like we're in a pretty hopeless situation'
Student-loan borrowers described their financial concerns as they enter the new year, with the fate of key programs like SAVE uncertain.
Homelessness is the worst it has ever been for everyone — except veterans
An annual survey of homeless people conducted nationwide in January found an 18% increase compared to 2023.
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Tip baiting, hackers, and new laws: How gig work for Uber, Instacart, and other apps changed in 2024
Gig workers dealt with hackers stealing accounts, lower pay, and other challenges this year while working for Uber, DoorDash, and similar apps.
Meet the oversavers: Older Americans who have plenty for retirement but wish they'd worked less and vacationed more
One retiree has "enough money to live until 95 and go on vacations." But then he got cancer. "I may not even enjoy the money I worked hard to save."
Why airline loyalty doesn't pay off like it used to
Even Secretary of Transportation Pete Buttigieg is trying to puzzle out the points game.
Janet Yellen expects the US to hit debt limit before the end of January
Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.
Older Americans share their biggest financial regrets from their parenting years
BI heard from parents who said that they had kids too young, that they regretted pausing their careers, or that divorces affected their finances.
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it limited overdraft fees.
3 ways a trade war with China could hit US profits, according to Goldman Sachs
Trump's protectionist trade policies on China could dent hit US output and exposures through high costs and retaliatory measures.
6 things you could be doing wrong if you're struggling to get a job
The format of your résumé, how much you prep for an interview, and how many follow-ups you send could affect your chance of getting hired.
Russia is mining a hot cryptocurrency, trying to solve one big trade problem
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
Russia's economy is entering a year of pain in 2025
Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the start of the 1980s.
Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending activity.
A professor said her son's death put her retirement plans in flux. Working at Costco got her life back on track.
Tamara Ponzo Brattoli's retirement plans changed after her son's sudden death abroad.
Elon Musk takes aim at MacKenzie Scott again for giving billions to liberal causes, calling the gifts 'concerning'
Elon Musk reposted a critique of MacKenzie Scott for giving billions of dollars to liberal nonprofits and said the giving concerned him.
4 people who make over $100K share the biggest perks of a 6-figure income
Four Americans who landed six-figure incomes said it's allowed them to splurge on travel while improving their financial security.
Paying off student-loan debt and traveling the world: How the overemployed use their extra earnings
Overemployed workers secretly holding multiple remote jobs use their money to travel and pay down student debt.
Russia's economy is set to lose another source of income that Ukraine controls
Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.
5 important countries for Russia's sanctions-skirting economy
Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.
US consumer confidence drops unexpectedly to near-recession levels ahead of Trump's 2nd term
The Conference Board's Expectations Index dropped to a five-month low in December, nearing a threshold that typically signals a recession ahead.
Russia's overheated economy is squeezing one of Moscow's key trading channels with China
Russia's rail industry is in its worst downturn since the Great Financial Crisis, according to an estimate from MMI Research.